Choreo LLC Has $2.78 Million Stake in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL)

Choreo LLC boosted its holdings in abrdn Physical Gold Shares ETF (NYSEARCA:SGOL) by 489.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 111,716 shares of the company’s stock after purchasing an additional 92,769 shares during the quarter. Choreo LLC owned 0.08% of abrdn Physical Gold Shares ETF worth $2,781,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ervin Investment Management LLC raised its stake in abrdn Physical Gold Shares ETF by 30.5% in the 4th quarter. Ervin Investment Management LLC now owns 102,385 shares of the company’s stock worth $2,565,000 after purchasing an additional 23,910 shares in the last quarter. FMR LLC increased its holdings in abrdn Physical Gold Shares ETF by 18.1% in the 3rd quarter. FMR LLC now owns 4,250 shares of the company’s stock valued at $107,000 after buying an additional 652 shares during the period. International Assets Investment Management LLC bought a new position in abrdn Physical Gold Shares ETF in the 3rd quarter valued at about $725,000. JPMorgan Chase & Co. increased its holdings in abrdn Physical Gold Shares ETF by 393.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 885,680 shares of the company’s stock valued at $22,257,000 after buying an additional 706,134 shares during the period. Finally, Foundations Investment Advisors LLC increased its holdings in abrdn Physical Gold Shares ETF by 24.6% in the 3rd quarter. Foundations Investment Advisors LLC now owns 58,823 shares of the company’s stock valued at $1,478,000 after buying an additional 11,601 shares during the period.

abrdn Physical Gold Shares ETF Price Performance

SGOL stock opened at $27.27 on Friday. abrdn Physical Gold Shares ETF has a 12 month low of $18.97 and a 12 month high of $27.51. The company’s 50-day moving average price is $25.64 and its two-hundred day moving average price is $24.98.

abrdn Physical Gold Shares ETF Profile

The abrdn Physical Gold Shares ETF (SGOL) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund seeks to track the spot price for gold, less trust expenses holding costs, holding physical gold bars. SGOL was launched on Sep 9, 2009 and is managed by Abrdn.